Tuesday, May 19, 2020
Coal is a fossil fuel and is the result of altered remains of prehistoric vegetation that originally accumulated in swamps and peat bogs. The material that formed fossil fuels varied greatly over time as each layer was buried. As a result of these variations and the length of time the coal was forming, several types of coal were created. Depending upon its composition, each type of coal burns differently and releases different types of emissions. The first step of coal formation occurs when peat is transformed physically and chemically. This process is known as coalification. During the process of coalification, peat endures a plethora of changes due to bacterial decay, compaction, heat, and time. Peat deposits differ in content from one another and can contain everything from pristine plant parts such as roots, bark, spores, etc. to decayed plants, decay products, and even charcoal if the peat caught fire during accumulation. Coal is formed in anoxic swamp areas with a plethora of vegetation. In such an environment, the accumulation of plant debris exceeds the rate of bacterial decay of the debris. The bacterial decay rate is reduced because the available oxygen in organic-rich water is completely used up by the decaying process. Anaerobic (without oxygen) decay is much slower than aerobic decay. In order for the peat to turn into coal, it is necessary for the peat to be covered by sediment. The peat is compacted and as a result, much water is squeezed out during the firstShow MoreRelatedCoal Is A Fossil Fuel1555 Words Ã |Ã 7 PagesCoal is a fossil fuel that provides energy to be used for multiple purposes, provides many jobs, and supplies the U.S. with a strong export. People in America are unaware of what coal actually is, what it is used for, and what kind of jobs it supplies in the United States. Carbon gives coal most of its energy. Coal is made from peat, which is material that is formed from plants that have accumulated at the bottom of swampy areas. As peat is buried by sedimentary rock and sandstone, moisture is squeezedRead MoreCoal As A Fossil Fuel1706 Words Ã |Ã 7 PagesCoal is a fossil fuel and is the result of the altered remains of prehistoric vegetation that originally accumulated in swamps and peat bogs. The material that formed fossil fuels varied greatly over time as each layer was buried. As a result of these variations and the length of time the coal was forming, several types of coal were created. Depending upon its composition, each type of coal burns differently and releases different types of emissions. The first step of coal formation occurs whenRead More The Fossil Fuel Coal Essay1914 Words Ã |Ã 8 Pages Coal, an amazing fossil fuel Abstract Coal has had a tremendous effect on the world. It produces the most electricity when compared to other fuels. The US generates more than half of their electricity from coal. This black or brownishÃ¢â¬ black fossil fuel, formed by the energy in plants hundreds of millions of years ago, is made up of mostly carbon, hydrogen, and small traces of other elements like sulfur. Coal has four main types of categories. Mining is the method used to extract coal fromRead MoreCoal Is A Nonrenewable Fossil Fuel766 Words Ã |Ã 4 Pagespower plants run on the same primary fuel. With that said, I hope you carefully consider my recommendations, as they are essential in maintaining the current and future state of our country. Although using coal as our primary energy resource has minor sociopolitical and scientific complications, the strategies to address these problems and the social, political, scientific, and economic advantages greatly outweigh the setbacks. While coal is a nonrenewable fossil fuel, it will still provide our countryRead MoreFossil Fuels : Oil, Coal And Gas1640 Words Ã |Ã 7 PagesFossil Fuels: Oil, Coal and Gas Fossil fuels are essential to life on earth as we know it today. Our world would certainly be much different if it werenÃ¢â¬â¢t for such seemingly simple things such as coal, oil, and natural gas. These basic elements of life on earth may not seem like a major concern to some people until we put into perspective how they have shaped our world today. Civilizations have been built, economies have risen and crumbled, and even wars have been fought over these precious fossilRead MoreFossil Fuels Coal, Petroleum, And Natural Gas756 Words Ã |Ã 4 PagesFossil fuelsÃ¢â¬âcoal, petroleum (oil), and natural gas Ã¢â¬â are concentrated organic compounds found in the EarthÃ¢â¬â¢s crust. They are created from the remains of plants and animals that lived millions of years ago in the form of concentrated biomass. According to the US Energy Information Administration (EIA), fossil fuels meet 81 percent of U.S. energy demand. Scattered records of the use of coal date to at least 1100 BC. By the middle Ages, small mining operations began to spread in Europe, where coalRead MoreFossil Fuels ( Oil, Coal, Natural Gas )1743 Words Ã |Ã 7 Pages Fossil Fuels (Oil, Coal, Natural Gas) Debbie Burrell SCI2000 Gwynedd Mercy University Abstract Fossil fuels are non-renewable sources of energy that were form billions of years ago. The three different types of fossil fuels in the world include: oil, coal and natural gas. Although each of the three types of fossil fuels are extracted differently they are all processed and used as the worldÃ¢â¬â¢s primary sources of energy. Being the worldÃ¢â¬â¢s primary sources of energy, fossil fuel experienceRead MoreFossil Fuels : Coal, Oil And Natural Gas1867 Words Ã |Ã 8 PagesThe three type of major fossil fuels are coal, oil and natural gas. These fossil fuels are considered non-renewable energy because of the length of time it will take for the natural processes to create these resources. It will take millions of years for them to form. Most of our coal was formed about 300 million years ago, when a majority of the earth was covered by steamy swamps. As the plants and the trees died, the remaining of the plants and trees sank to the bottom of the swap which accumulatedRead Mor eTypes Of Fossil Fuels : Coal, Oil And Natural Gas2944 Words Ã |Ã 12 PagesThere are three major forms of fossil fuels: coal, oil and natural gas. All three were formed many hundreds of millions of years ago before the time of the dinosaurs, which is why the name fossil fuels. The age they were formed is called the Carboniferous Period. It was part of the Paleozoic Era. Carboniferous gets its name from carbon, the basic element in coal and other fossil fuels. The Carboniferous Period occurred from about 360 to 286 million years ago. At the time, the land was covered withRead MoreThe worlds fossil fuels are running out. With the average amount of time it takes for coal to form1000 Words Ã |Ã 4 PagesThe worlds fossil fuels are running out. With the average amount of time it takes for coal to form being 300 billion years, the earth can only renew them so fast. Fossil fuels, like coal and oil take the earth billions of years to reproduce so an effective alternate energy source must be explored. Fossil fuels or crude oil has been around for a long time and can be refined to form a number of products such as gas, gasoline, kerosene, gas oil or diesel. We are also running out of oil which is also
Wednesday, May 6, 2020
Organisational culture can be defined as an influential and coherent collection of values and norms. It is often communicated through narratives, ancient legends and fictitious stories, the way things get accomplished in a specific organisation and the principles affecting an organisations procedures and practices towards members and consumers (Dwivedi, 2001). A Ã¢â¬ËstrongÃ¢â¬â¢ organisational culture differentiates itself from other types of cultures by, the majority of members holding the same fundamental beliefs and values as applies to the organisation. This essay seeks to critically analyse the statement- a strong organisational culture leads to higher organisational performance. It will draw on both the weaknesses and strengths of threeÃ¢â¬ ¦show more contentÃ¢â¬ ¦However, this is not always the case. Referring to culture as a unitary social control system can have negative implications, as it decreases its advantage as an analytical tool. One-culture reliance can reduc e creative and intellectual thinking on employees, restricting them from acquiring the knowledge that other people give off. When norms and values are so deeply embedded and internalised, employees then struggle to stimulate original and clever ideas of performing their job; that could eventually lead to an improved way of doing things. Saffold (1988, p. 549) states that a strong Ã¢â¬Å"culture shapes organizational strategy, but also it may prematurely restrict decision alternatives, producing severe negative effects on performanceÃ¢â¬ . Therefore it is essential that employees learn to adjust to others in order to benefit from the opportunities they bring forth, whilst refraining from any negative ramifications. Boisnier and Chatman (2002, p. 5) suggests, Ã¢â¬Å"that strong cultures can be adaptive, but cannot withstand radical changes that directly challenge their basic assumptionsÃ¢â¬ . In addition, they explain this claim by pointing out that organisations with strong cultu res are able to perform only a restricted amount of alterations because some individuals in a group may be more reluctant to change than others; because of how closely attached theyShow MoreRelatedCorporate identity16799 Words Ã |Ã 68 Pagesfoundations of a new approach to management which might be termed ``corporate marketingÃ¢â¬â¢Ã¢â¬â¢. In addition to articulating the authorÃ¢â¬â¢s understanding of the attributes regarding a business identity (the umbrella label used to cover corporate identity, organisational identification and visual identity) the author outlines the characteristics of corporate marketing and introduces a new corporate marketing mix based on the mnemonic ``HEADSÃ¢â¬â¢Ã¢â¬â¢. This relates to what an organisation has, expresses, the affinitiesRead MoreNew Town Council3586 Words Ã |Ã 15 Pagesillustrate the process of strategy development within different organisational contexts. Both cases are based on the views of the strategy development process as seen by members of the respective top management teams. The New Town case describes how four members of the top management team view their strategy process. Both cases a reconstructed around two general themes. The process of strategy development and the organisational context in which it takes place. The two cases illustrate differencesRead MoreProcess of Operations Strategy7608 Words Ã |Ã 31 PagesReengineering, Enterprise Resource Planning and Six Sigma. They all need to be understood (particularly, the similarities and differences between them) if they are going to help with strategy or strategic implementation. Of course, none of these approaches can transform an organisation overnight, but what really matters in the long run is how these approaches help an organisation to learn from its experiences and build operations capabilities. The lecture aims to include the following. 1. Examine the backgroundRead MoreStrategic Human Resource Management72324 Words Ã |Ã 290 PagesRESOURCE MANAGEMENT Contents Unit 1 Title Introduction to Strategic Human Resource Management Introduction What is Strategy? What is Strategic HRM? How is Strategic HRM Different from Other Aspects of HRM? How Does Research Show that Strategic HRM Adds Value to an Organisation? How Does Strategic HRM Support the Management of Change? Who Holds the Responsibility for Strategic HRM? When is it Appropriate to Create a Dedicated HR Function? Vertical Integration and Human Resources Strategy Introduction WhatRead MoreOrganizational Behaviour Analysis28615 Words Ã |Ã 115 PagesORGANISATIONAL ANALYSIS: Notes and essays for the workshop to be held on 15th - 16th Novemeber 2007 at The Marriot Hotel Slough Berkshire SL3 8PT Dr. Lesley Prince, C.Psychol., AFBPsS University of Birmingham November 2007 Ã © Dr. Lesley Prince 2007. Organisational Analysis: Notes and Essays Page i Page ii Please do not attempt to eat these notes. CONTENTS Introduction to the Workshop Topics And Themes The Nature and Scope of Organisation Theory Levels of Analysis The MetaphoricalRead MoreLeadership Development42674 Words Ã |Ã 171 Pagesmanagement skills shortage?.................................................28 4.2 Management and leadership development capability, management and leadership development and organisational performance .....................................................................29 4.2.1 Management and leadership capability and organisational performance...............29 4.2.2 Management and leadership development and organisation performance.............30 4.2.3 Wider HRM and organisation performance, and managementRead MoreCase Study148348 Words Ã |Ã 594 PagesTeaching Notes for Student Work Assignments Case Study Teaching Notes 6 7 8 8 12 19 20 25 27 27 28 28 29 Chapters 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. Introducing Strategy The Environment Strategic Capabilities Strategic Purpose Culture and Strategy Business Strategy Corporate Strategy and Diversification International Strategy Innovation and Entrepreneurship Mergers, Acquisitions and Alliances Evaluating Strategies Strategy Development Processes Organising for Success LeadershipRead MoreCompetitive Positioning and the Resource-Based View of the Firm10055 Words Ã |Ã 41 Pagesthe need for external market orientation to achieve competitive success. This paper reconciles the two through the concepts of competitive positioning. It develops a hierarchy of marketing resources, assets and capabilities and discusses how these can be deployed to achieve alternative competitive positions. A research agenda is proposed. KEYWORDS: Competitive positioning; the resource-based view of the firm; marketing capabilities; marketing assets; competitive advantage INTRODUCTION Two mainRead MoreIntercultural Communication21031 Words Ã |Ã 85 PagesI. INTERCULTURAL COMMUNICATION. FRAMEWORK ...the single greatest barrier to business success is the one erected by culture. Edward T. Hall and Mildred Reed Hall Why study Intercultural Communication? Cultural diversity and multiculturalism are the realities of everyday life for almost everyone. The growth of interdependence of people and cultures in the global society of the twenty-first century has forced us to pay more attention to intercultural issues. In order to live and functionRead MoreCoffee Culture17291 Words Ã |Ã 70 PagesHÃ ¶gskolan i Halmstad Sektionen fÃ ¶r ekonomi och teknik Europaekonomprogrammet 180 hp Changes in the coffee culture - opportunities for multinationals coffee shops? C-uppsats i FÃ ¶retagsekonomi, FÃ ¶retagsekonomi 51-60 p Slutseminarium: 2007-06-07 FÃ ¶rfattare: Almqvist Emma Hruzova Barbara Olsson Kajsa Handledare: Max Lundberg Preface and acknowledgement We would like to thank our tutor Max Lundberg at the section of business and engineering at the University of Halmstad for his support and
Palliative care is the active total care of patients whose disease is not responding to therapeutic treatment. According to Huggins and Brooks (2007), discussing and planning for the end-of-life can be a challenge for both health care provider and patient. Hospice care are one of the few specialties who have focused their efforts on end-of-life, unfortunately for other specialties there are inadequacies and obstacles in facilitating end-of-life care. Some of the barriers challenging the communication between physician and patient into the discussion of end of life issues are that physicians find it uncomfortable to discuss death and dying and want to avoid their own emotions and the emotions it may bring up in the patient and their families. Also because of the limited training and communication skills dealing with this issue, physicians fail to probe patientÃ¢â¬â¢s values and belief systems. Thus when presenting this complex subject it creates misunderstanding and confuses patients with their unclear medical jargon in attempts to describe scenarios and outcomes. We will write a custom essay sample on Providing or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Generally patients want to discuss these issues with their doctors but wait for them to initiate the discussion. Some patients tend to procrastinate the issue especially if they are in good health, and others do not see the importance in advance directives because they expect their families to make decisions for them (Huggins and Brooks, 2007). The American Association of Critical Care Nurses sent out a survey to 1409 of its members on their perception of end-of-life care (Berkstrand, Callister, and Kerchhoff, 2006). 61 critical care nurses responded, 485 offered 530 suggestions for improving end-of-life care. In general the nurses desired they had more to say in the care of dying patients. They reported no consistency existed in the way patients were cared for. According to Besckstrand, Callister, and Kirchhoff (2006), patients are spared impending death only to experience a prolonged death due to advancements in diagnosis and treatments of today. The majority of critical care nurse s believe that death is a fact of life in the ICU and it should be treated with the dignity and respect it deserves. They also desired for physicians to learn to know when enough is enough to continuous aggressive treatment when there is little hope of the patient surviving. Respondents identified several obstacles in providing a good death in ICUs. Included were staffing problems and lack of time spent with the patient and their families. Communication challenges such as physicians not being realistic about the patientÃ¢â¬â¢s condition and prognosis. Some respondents felt that physicians see death as a personal failure and not as a part of life, thus many patients suffer needlessly. Cassel and Foley (1996) mention that many medical societies agree that modern medicine has neglected its traditional role to end-of-life issues. In September 1996, Cassel and Foley called together representatives of medical specialty societies to propose an advance in clinical policy for care at the end-of-life. The Joint Commission on Accreditation of Health Organizations also participated in the development of the Core Principles. Together they offered a draft set of Ã¢â¬Å"Core PrinciplesÃ¢â¬ for end-of-life care and distributed these principles to representatives of a number of medical specialty societies. Core Principles for End-of-Life Care Clinical policy of care at the end of life and the professional practice it guides should: 1. Respect the dignity of both patient and caregivers; 2. Be sensitive to and respectful of the patients and familys wishes; 3. Use the most appropriate measures that are consistent with patient choices; 4. Encompass alleviation of pain and other physical symptoms; 5. Assess and manage psychological, social, and spiritual/religious problems; 6. Offer continuity (the patient should be able to continue to be cared for, if so desired, by his/her primary care and specialist providers); 7. Provide access to any therapy which may realistically be expected to improve the patients quality of life, including alternative or nontraditional treatments; 8. Provide access to palliative care and hospice care; 9. Respect the right to refuse treatment; 10. Respect the physicians professional responsibility to discontinue some treatments when appropriate, with consideration for both patient and family preferences; 11. Promote clinical and evidence-based research on providing care at the end of life. The medical societies listed below adopted the principles and or modified them to fit their specialty and individual patientÃ¢â¬â¢s needs. American Medical Association Academy of Psychosomatic Medicine American Board of Hospice and Palliative Medicine American Academy of Hospice and Palliative Medicine American Pain Society National Kidney Foundation American Academy of Pediatrics American College of Surgeons American College of Physicians American Geriatrics Society Much of the strength of American medicine lies in the strength of the specialty societies. The awareness on viewing palliative care as a specialty for patients facing end- of- life has enlightened these specialty societies to make it priority to facilitate these principles.
Wednesday, April 22, 2020
On December 02, 1823, US President James Monroe introduced a new United States policy to Congress known as the Monroe Doctrine. It has been said that the Secretary of State John Quincy Adams influenced President Monroe and was the actual brains behind the policy. The doctrine was intended to put a stop to European intervention throughout the Western Hemisphere. Then in 1904, President Theodore Roosevelt later delivered the Roosevelt Corollary giving the United States authority to intervene in the affairs of the western hemisphere's fledgling republics. So what is the reason for the Monroe Doctrine and why the addition of the Roosevelt Corollary? It dates back to around 1492 when a lot of competition was arising due to kingdoms wanting more wealth through colonies and trade routes when a group of European explorers led by Christopher Columbus voyaged across the Atlantic Ocean. The trip led the crew to the American continents in the Western Hemisphere. Although Columbus wasn?t the first person to travel from Europe to America, he is credited for finding ?The New World?. In the ?The New World?, the weather conditions were good, plenty of animals, corn (in which the Europeans knew nothing of), tobacco, and gold. Instead of compromising some kind a deal with the natives, the Europeans took over. When Europeans came over they brought diseases along with them. It is said that several natives were killed by the epidemic that consisted of measles and smallpox. But the natives that survived were made into slaves and worked on plantations or mines. The natives remained slaves over the next 300 years. Due to the French Revolution (1787-1799) and Napoleonic Wars (1803-1815), Europe?s power weakened. The natives took advantage of the battles and began an independence movement and their colonies were reestablished. Great Britain was proud that Latin America gained their independence. At the same time, Britain didn?t want to lose profits by having to have to cut off trade with Latin America. August 23, 1823, British foreign minister, George Canning, informed the United States of Latin Americas independence and proposed a deal to make a policy that would separate the ?New? and ?Old? world. But after talking it over, President Monroe ended up taking the advice of Secretary of State Adams and declined the offer. President Monroe instead created a foreign policy, The Monroe Doctrine, that prohibited Europeans from any affairs with the Western Hemisphere, or otherwise. Also, the United States would not involve themselves with any European affairs. Since the United States army and navy at the time lacked in a lot of areas, the doctrine was not taken serious internationally. Although President Monroe decided against the dual policy that Britain had offered, Britain approved of the Monroe Doctrine and unchallenged the seas as part of the Pax Britannica. Britain also created the laissez-faire free trade. The Special Relationship was a result of the Monroe Doctrine also. Due to Venezuela?s President Cipriano Castro?s enormous foreign debt problems and no intent to pay, a naval blockade known as the Venezuela Crisis of 1902 arose. President Castro thought that the United States would protect them from the Europeans based on his interpretation of the Monroe Doctrine. Instead the United States just laid back and let the intervention happen. But it did cause United States President Theodore Roosevelt to come up with the ?Roosevelt Corollary?, an addition to the Monroe Doctrine in 1904. The Roosevelt Corollary was meant to help aide the Western Hemisphere in economic affairs and stop influential spread from the Europeans. By doing so, the United States would send their military to the Western Hemisphere to intervene. The reason that the Roosevelt Corollary has so much significance is because it said the United States military could enter Western Hemisphere intervene, while the Monroe Doctrine was meant to stop Europeans from entering the Western Hemisphere.
Monday, March 16, 2020
Management and Employment Essay Example Management and Employment Essay Management and Employment Essay Whom would you recommend to Dry. Francis as the selection for your position? After careful consideration, I would recommend Marcia Rabin for the position of administrator for the department of surgery. It was a difficult decision, but I feel confident In my choice. There were several reasons I picked Marcia and to Illustrate these reasons, I will explain and discuss why I disqualified the other three candidates. When Interviewing David OBrien, I felt Like he had the energy and drive to get the Job done. However, because of the Intensity of his drive, he would rub people the wrong AR. This position requires a leader more so than simply a manager who can crank out the necessary figures. It requires Interpersonal communication skills that I didnt feel that David possessed, at least not to the extent that this position requires. David is also currently enrolled in a Masters program and I feel he will benefit from continuing these classes to become multi-versed in all aspects of being an administrator. Hes not ready right now, though. When interviewing Sal Secretion, I liked his personality and his motivation want to hanged things for the better. However, I wasnt impressed with his overenthusiastic and sloppy way of initiating change. For a position of this magnitude, especially replacing someone like me, who has built the necessary relationships and connections to gather details from others before making final decisions. Sal leaps before he looks and that can be a definite issue within our organization. I did enjoy his questions the most of any of the candidates, as I felt he was genuinely interested in our organization and its goals and environment. When interviewing Ronnie Goldsmith, I got the impression that she was a hard worker but that she does the minimum that is necessary in order to get home to her family. There is nothing wrong with being a young worker who enjoys separating work and life. I think thats a great asset and It Is Important to not become too overwhelmed or sucked into ones work. However, I didnt appreciate her Interview answer that she feels she Is viewed as someone who doesnt sufficiently express (my) opinions. Managers do not have to force his or her opinions on their employees but they do have to state them and be firm In their convictions. Finally, I was very Impressed with Marcia Rabin. She seems to have the Intelligence, commitment and drive to bring a positive change to this position. I also appreciated her candor in asking how other physicians would respond to having a female administrator. Unfortunately, as much as wed like to shy away from it, we still live in a world where it is not always favorably viewed to have a female healthcare administrator. I feel, however, that Ms. Rabin possesses the overall qualities
Saturday, February 29, 2020
In, out, in, out, in, outÃ¢â¬âget out food, food to mouth, breathe in, out, mouth opÃ¢â¬âOW! My breathing rhythm during the second Varsity NorCal mountain biking race of the season was abruptly shattered by my cry of excruciating pain and fear. Gingerly, I tried to open my mouth again and quickly shut it with a moan. If I opened my jaw further than about a centimeter, an intense pain stabbed through the left joint of my jaw: it was locked almost completely shut. All-encompassing terror rose through me like so much floodwater, relentlessly filling me from head to toe until it felt like I couldnÃ¢â¬â¢t breathe. With this unfamiliarly overwhelming panic inundating my mind and blocking out every single rational thought, I felt myself slipping under into the realm of mentally being unable to finish the race. No. That feeling of slipping jolted and horrified me, shocking me back into my regular breathing rhythmÃ¢â¬âin, out, in, outÃ¢â¬ ¦ Ever so slowly, I relaxed my jaw enough to drink a small amount of water and laboriously chew and swallow two energy shot blocks. Picking up my cadence to match the pace I had been cycling before, I headed into the third and final lap of the race, determined to finish what I had set out to do regardless of the level of my discomfort. During those last miles, however, I found my determination wavering. Every time the pain seemed to reach a new high and the fear would start to swell once again, the letters Ã¢â¬Å"DNFÃ¢â¬ (short for Ã¢â¬Å"did not finishÃ¢â¬ ) flashed through my mind. I knew that despite the loss of points it would cause, my team wouldnÃ¢â¬â¢t blame me for bailing from the race; I was going through spasms of pain and panic every few minutes as my jaw alternated between being completely locked, and being unlocked but still tight. However, I also knew that I needed to finish what I had set out to do while I was still physically and mentally capable of doing so. Thusly, whenever the thought of not finishing the race entered into my mind, I quickly swept it away, recognizing my physical abilit y to race my bike to end as being largely unhindered, and refusing to let any mental weakness prevent me from crossing the finish line. And suddenly, seven grueling miles later, I was rounding the final turn of the course. I stood up on my bike and threw my whole body and mind into that last stretch, surging across the finish line as the third rider in my category before exiting the course and collapsing with exhaustion. Crossing that finish line gave me something far better than earning a place on the podium; it proved that I am able to avoid succumbing to fear, pain, doubt, or any other mental or physical limits. These limits have instead pushed me to improve in many areas of life, such as speaking at the SCTA Fall Leadership Conference this year as the co-president of my schoolÃ¢â¬â¢s GSA instead of buckling under societal pressures and hate. Rather than give in, I will continue to use these limits in order to learn, to grow, to accomplishÃ¢â¬âto cross the line of what I bel ieved to be possible.
Wednesday, February 12, 2020
Risk management - Essay Example Various related sub-topics are discussed, such as Ã¢â¬ËAdmittedÃ¢â¬â¢ and Ã¢â¬ËNon-AdmittedÃ¢â¬â¢ besides analysing each mentioned domicile destination so that the most preferable domicile is finalised. Starting with Australia, other domiciles are discussed in detail. Guernsey takes the lead as it has maximum favourable points keeping in view the long-term strategic risk-management planning for an Australian conglomerate. The ends by pointing out the difference between a captive and other insurance companies, as a captive insurance can not cover certain insurances. TABLE OF CONTENT Executive Summary...........................................................................................................1 Table of Content................................................................................. ... ..........................5 4. Impact of AustraliaÃ¢â¬â¢s DOFI legislation on the company decision..................................6 5. Addressing the Ã¢â¬ËAdmittedÃ¢â¬â¢ vs. Ã¢â¬ËNon AdmittedÃ¢â¬â¢..............................................................7 6. Australia...........................................................................................................................8 7. Guernsey...........................................................................................................................9 7.1 Guernsey Plus-side..........................................................................................................9 7.2 The Non-EU Status of Guernsey...................................................................................10 7.3 The Advantageous Legislative Design..........................................................................10 8. Bermuda............................................................................. ..............................................11 9. Singapore..........................................................................................................................12 10. Conclusion & Recommendation.....................................................................................13 11. A class of insurance that the captive canÃ¢â¬â¢t cover.............................................................13 12. References.......................................................................................................................14 Captive Insurance 1. Introduction Increasing doubts in the world economy and random highs in premiums in the commercial insurance sector have encouraged companies from varied industries to plan their own captive insurance companies. Firms over a varied length of